Evidence on the costs of floods in England and Wales
Capturing, calculating and analysing data on the economic costs of flooding
Documents
The published reports will be available here once the project has completed.
Expected completion date is Winter 2021.
Details
The purpose of this project is to broaden our evidence on the costs of flooding so that it adequately reflects a range of flood magnitudes, sources of flooding, duration, impacts and economic damage profiles. We are collecting, collating, and analysing flood impact data from 2016 to 2019 to calculate the economic costs of floods.
Flooding causes significant damage and disruption to our economy, our society and our environment. Previous research on the cost of flooding in 2007, 2012/13 and 2015/16 provides us with important evidence on the types and total damage sustained, but this needs updating with data on floods since 2016. We will use this information to inform the payment rates in the partnership funding calculator and in our long term investment scenarios to inform investment in flood and coastal erosion risk management.